Seller is offering to buy down buyer's interest rate for two years and cover the buyer's HOA fees for the rest of 2025! Discover the quintessential Downtown LA lifestyle in this stunning industrial-cool studio loft, perfectly situated on the 5th floor of the highly sought-after Market Lofts. With an incredible vantage point overlooking the building's entrance, verdant park views, and glistening city lights this unit offers a serene escape amidst the vibrant city. Step into a space that boasts a truly great vibe, defined by its raw, industrial aesthetic and open layout. High ceilings and expansive windows flood the loft with natural light, creating an airy and inviting atmosphere. The well-designed floor plan includes a convenient walk-in closet, maximizing storage and functionality. Location is everything, and this loft delivers! Enjoy unparalleled convenience with a grocery store right within the building, along with an array of shops and eateries steps from your door. You are truly in the heart of Downtown LA, in the middle of everything, and just a short distance to coffee shops, grocery stores like Whole Foods and Ralphs, and iconic destinations like LA Live.Market Lofts offers an exceptional array of amenities to enhance your urban living experience. Residents enjoy access to a fantastic screening room, a sparkling pool, a fully equipped gym, and a fun-filled pool table room. Added conveniences include Amazon lockers on the ground floor. A standout feature of this unit is the conveniently located private parking a full-sized space on the same level as the unit and incredibly close, offering unmatched ease and accessibility. This studio loft is more than just a home; it's a lifestyle statement for those seeking dynamic, central living in one of LA's most exciting neighborhoods. Don't miss this opportunity to embrace the best of DTLA!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Other Rooms
- Walk-In Closet, Living Room
- Exercise Room: Yes
Appliances
- Laundry Facilities: In Unit, Laundry Closet Stacked
- Laundry Features: In Unit, Laundry Closet Stacked
Heating and Cooling
- Cooling Features: Central
- Heating Features: Central
Interior Features
- Furnished Description: Unfurnished
- Flooring: Engineered Hardwood
Pool and Spa
- Pool Features: Association Pool, In Ground
- Spa Features: Association Spa, In Ground
- Spa: Yes
Garage and Parking
- Covered Spaces: 1
- Garage Spaces: 1
- Garage Description: Garage Is Attached, Garage, Parking Space, Assigned
- Covered Parking: Yes
Land Info
- Lot Size Acres: 1.7158402
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 74742
Home Features
- View: City, City Lights, Park
- Other Equipment: Washer, Dishwasher, Refrigerator, Range/Oven, Garbage Disposal, Dryer
- Security Features: Card/Code Access, Smoke Detector, Carbon Monoxide Detector(s), 24 Hour
Amenities and Community Features
- Assoc Maintains Landscape
- Assoc Pet Rules
- Exercise Room
- Elevator
- Clubhouse
- Concierge
- Controlled Access
- Hot Water
- Pool
- Fitness Center
- Onsite Property Management
- Rec Multipurpose Rm
Homeowners Association
- Association: Yes
- Association Fee: 1070
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 1070
Multi-Unit Info
Condo Info
- Unit Floor In Building: 5
Other Property Info
- Balcony
- High Ceilings (9 Feet+)
- Source Listing Status: Active
- County: Los Angeles
- Directions: In Market Lofts, entrance is on Hope near Hope and 9th
- Source Property Type: Residential
- Area: Downtown L.A.
- Property Subtype: condo
- Source Neighborhood: Downtown L.A.
- Parcel Number: 5144-027-164
- Postal Code Plus 4: 1652
- Zoning: LAC2
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 650
- Year Built: 2006
- Building Features: Entrance Lobby, Lounge, Reception Desk, Trash Chute, Rooftop Swimming Pool, Rooftop Spa, On site retail
- Building Name: Market Lofts
- Common Walls: Attached
- Entry Level: 5
- Entry Location: Top Level
- Levels: One Level
- Living Area Source: Vendor Enhanced
- Property Age: 19
- Structure Type: Condominium, Attached
- House Style: Modern
- Year Built Source: Vendor Enhanced
- Elevator: Yes